NETWEB - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | NETWEB | Market Cap | 18,794 Cr. | Current Price | 3,300 ₹ | High / Low | 4,480 ₹ |
| Stock P/E | 106 | Book Value | 102 ₹ | Dividend Yield | 0.08 % | ROCE | 32.4 % |
| ROE | 23.9 % | Face Value | 2.00 ₹ | DMA 50 | 3,308 ₹ | DMA 200 | 2,991 ₹ |
| Chg in FII Hold | -1.27 % | Chg in DII Hold | -0.27 % | PAT Qtr | 73.3 Cr. | PAT Prev Qtr | 31.4 Cr. |
| RSI | 48.6 | MACD | -16.0 | Volume | 10,83,625 | Avg Vol 1Wk | 12,66,575 |
| Low price | 1,252 ₹ | High price | 4,480 ₹ | PEG Ratio | 1.47 | Debt to equity | 0.03 |
| 52w Index | 63.4 % | Qtr Profit Var | 147 % | EPS | 31.4 ₹ | Industry PE | 23.1 |
📊 Analysis: NETWEB is trading at ₹3,300, aligned with its 50 DMA (₹3,308) and above its 200 DMA (₹2,991), reflecting neutral-to-positive sentiment. RSI at 48.6 indicates balanced momentum, while MACD (-16.0) shows mild bearish bias. Intraday volume (10.8 lakh) is lower than the 1-week average (12.6 lakh), suggesting reduced participation. Fundamentals are strong with ROE 23.9% and ROCE 32.4%, but valuation is stretched with P/E 106 vs industry 23.1. EPS of ₹31.4 supports earnings, and PAT surged from ₹31.4 Cr. to ₹73.3 Cr. (+147%), showing strong growth.
💰 Optimal Buy Price: Intraday entry may be considered near ₹3,290–3,300 if momentum stabilizes.
🎯 Exit Levels:
- Profit-taking: ₹3,330 – ₹3,360 (near-term resistance)
- Stop-loss: ₹3,270 (below intraday support)
⏱️ If Already Holding: Exit should be considered if price fails to hold above ₹3,290 or if MACD weakness deepens. Watch for volume spikes near ₹3,330–3,360 to book profits intraday.
Positive
- Strong ROCE (32.4%) and ROE (23.9%) indicate efficient capital use.
- EPS of ₹31.4 supports valuation strength.
- Quarterly PAT surged (+147%), showing strong earnings momentum.
- Low debt-to-equity (0.03) ensures financial stability.
Limitation
- Extremely high P/E (106) compared to industry average (23.1).
- MACD (-16.0) shows short-term bearish momentum.
- Intraday volume below average, reducing trading strength.
Company Negative News
- FII holding decreased (-1.27%), showing reduced foreign investor confidence.
- DII holding decreased (-0.27%), showing reduced domestic institutional support.
Company Positive News
- Quarterly PAT improved significantly from ₹31.4 Cr. to ₹73.3 Cr.
- 52-week index return of 63.4% reflects strong investor confidence.
Industry
- Industry PE at 23.1 is much lower, making NETWEB relatively expensive compared to peers.
- Technology and IT hardware sector benefits from rising demand in AI, cloud, and data infrastructure.
Conclusion
⚖️ NETWEB shows neutral-to-weak short-term momentum with MACD negative and volume below average, but strong fundamentals and earnings growth provide support. Intraday traders may consider entries near ₹3,290–3,300 with profit targets around ₹3,330–3,360. A tight stop-loss at ₹3,270 is recommended. Conservative traders should wait for confirmation above ₹3,360 before fresh entries.
Would you like me to extend this into a peer benchmarking overlay comparing NETWEB with Dixon Tech, Syrma SGS, and Kaynes Technology to highlight relative intraday strength and sector rotation opportunities within the electronics and IT hardware sector?